Question: 0 You work for an outdoor play structure manufacturing company and are trying to decide between the following two projects: Year-End Cash Flows ($ thousands)

 0 You work for an outdoor play structure manufacturing company and

0 You work for an outdoor play structure manufacturing company and are trying to decide between the following two projects: Year-End Cash Flows ($ thousands) Project 1 2 IRR Playhouse (minor project) - 28 17 19 18.1% Fort (major poject) - 75 40 52 14.1% You can undertake only one project. If your cost of capital is 8%, use the incremental IRR rule to make the correct decision

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